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For binary options, the prohibition we are announcing is needed to protect investors due to the products characteristics. This will standardise the percentage of margin (at 50 of minimum required margin) at which providers are required to close out one or more retail clients open CFDs. This will provide an overall guaranteed limit on retail client losses. The measures will then be published in the Official Journal of the EU (OJ) and will start to apply one month, for binary options, and two months, for CFDs, after their publication in the OJ.